Tag Archives: Economic Impact

In a remarkable success story from the recently concluded Maha Kumbh in Prayagraj, a boatman and his family earned a staggering ₹30 crore in just 45 days, according to Uttar Pradesh Chief Minister Yogi Adityanath. Speaking in the state assembly during the discussion on the annual budget 2025-26, the CM revealed that the boatman owned 130 boats, each generating an average profit of ₹23 lakh during the grand religious gathering.

In the wake of escalating threats to cargo ships navigating the Red Sea, India faces a potential downturn in exports, signaling a looming economic impact. Recent incidents involving Houthi militants targeting vessels passing through the Red Sea have raised concerns among exporters, prompting a cautious approach.

Tata Steel and the UK government's joint £1.25 billion investment deal sparks both hope and protests. While the deal promises to save jobs and transform the steel plant in South Wales, concerns linger about potential layoffs.